Odyssey Logistics & Technology acquires AsepTrans

Odyssey Logistics & Technology Corporation has acquired AsepTrans, an asset-based food-grade ISO tank transportation, tank cleaning and ISO tank depot services company.

AsepTrans is the only aseptic ISO tank operator in the world and has been developing and refining the technology for more than 10 years (aseptic means free of any living organism).

AsepTrans uses a large fleet of super-insulated and refrigerated ISO tanks. The business and operations will merge into the Odyssey FoodTrans LLC unit, doubling both Odyssey’s fleet of intermodal ISO tanks dedicated to food-grade liquids and its ISO tank chassis fleet.

Odyssey’s President and CEO, Bob Shellman said: “We have just acquired the world’s only aseptic ISO tank operator. This acquisition provides Odyssey with a highly skilled team, state-of-the-art equipment, additional liquid food-grade capacity and ownership of strategically located tank cleaning and ISO tank depot services.”

President of Odyssey FoodTrans LLC and Optimodal, Greg Snyder said: “This exciting acquisition gives Odyssey and its customers a clear advantage in handling temperature-sensitive products. Not only does aseptic transportation help ensure product quality, it can be cost-effective, eliminating the need for shippers to have additional aseptic or pasteurization processing/storage facilities. It is also a clear testament to Odyssey’s commitment to the North American citrus industry with the addition of a large number of super-insulated and refrigerated ISO tank containers to service this important and growing market.”

The acquisition is a part of Odyssey’s overall growth strategy and is consistent with the company’s successful record of identifying and completing market-leading acquisitions that add value to its customers. In August 2016, Odyssey acquired Linden Bulk Transportation, a top 25 tank truck carrier with full service intermodal ISO tank capabilities in the chemical sector.

For information visit www.odysseylogistics.com

13th March 2017